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and things in china. so the growth in the america, south america and emerging markets. when you look at food service, even on some slower, you know, flattish type growth over the second and third quarters, the margin increases that we've had i think people are starting to see why the combination of these two as you showed earlier, cranes, plus food service equals profit. liz: okay. i mean i definitely see that but you just mentioned europe. where is the growth in your crane business? who is, buying your cranes? sorry, is it asia, or you just mentioned south america s that sort of a brazil pre-olympics play? >> i think actually it is sort of obviously brazil but there is chile, peru, colombia, all have been good markets and so, you know, the americas has been good. if you look at what is going on in the energy and the, the energy and the petro chem type business, the fracking is good type business and boom trucks that has driven the growth. you have australia's been good. russia is coming back. after can has been a good story this year. i think you put all that together on the crane side it o
, which countries do you envision south america, africa, you wrote about india obviously. in to be applied in and share our objectives? >> interesting brazil has carved out the identity. they always have trouble making arrangements to do missions of brazil. they are more standoffish. because of geography in west africa over the force of a decade so brazil would not be cost file to the united states but it would be independent with its own point* of view. says that may lead to argentina and develop their balance against brazil. it is strategic about the united states has gotten since the cold wear to asia -- from the rise of the cold war. it has been over hyped but within ds 2012 it is the enormous development. of the indian policy establishment would reject it like a diseased germ. with india aware it is on the map with the economic and military rise is against china. we should not get concessions but anchorage development in a way that we can. >> with your presentation of your book with the u.s. and everything here is absolutely clear. speenine. [laughter] could you talk about israel? a c
, five years. we have central and south america and all of asia including china. there's so many opportunities to grow hello kitty as well, too. if we want to double our company's size, we need more. >> that's your goal. what's the time frame for accomplishing that? >> we're looking for something like five years. in these five years we have increased our market cap for five times larger. and what we want to do is to continue that. 20% to 30% growth. >> and acquisitions as you say will be a key part here. what targets are you looking at and what's funding like for purchases you want to make? >> we have a cash position of close to 400 million u.s. dollars. and we have a deficit stimulus side. basically we don't have debt. we can finance, as well. but we have cash flows. so there's no worry about the cash. >> okay. >> yeah. i was going to -- in terms of extending the brands, how do you embrace the digital arena here in things like ebooks and -- >> yes. we just started amazon.com program with mr. man and little miss. it's really since jettic. especially the small kids love digital ip
of miles away from where the end consumer is. how do you actually know what consumers let's say in south america, africa actually like in terms of fragrances? >> it's imminently linked to the culture of a local country. especially on the state side, especially on the flavor side. so we don't create fragrances and flavors for the indians and the chinese. we have 9,000 people around the world. half of them create the next fragrances and flavors. and out of those 4,500 people, you have roughly 2,000 people who are actually in those countries. they are local people so we are chinese employees, chinese favors, will create those fragrances and flavors for the whole market. because, again, you can't know about the local culture out of switzerland. so you have to by there. and we have there in all of those countries so we do expensive consumer tests. we do expensive consumer insight. we drive the trend and that's helpful to grow in those markets. >> another factor that's created a lot of headache is the strength. how difficult is it to be a globally operating company that's based here in switzer
not thrilled at the prospect of a reunified korea having south korea and america right across the river. this is an area where the chinese could tune themselves up a little. but clearly they are not in love with north korea. >> i can only say china is trying to encourage the transformation of korea and encouraging north korea to follow the same path china has engaged in in the last several, opening up their economy in china has been actively trying to establish free trade zones, encouraging other countries to establish operations in certain areas as a way to try to beef up the north korean economy and hope that that may lessen the isolation of north korea and therefore are influenced their foreign policy and some of their military policies. >> on the outside there. >> what about china's book, continental border with russia? what about china buying to siberia. i'm colonizing siberia, sending out some of these people -- how to separate the united states? how does that worry the united states? actually, china getting stronger unaccounted siberia? >> i haven't heard any proposals for china
but starting today anyone with a phone in key emerging markets in india and south america and australia can sign up and it will roll out worldwide including here in the u.s. becky? >> julia, thank you very much. we'll be watching all that as it comes out later today. >>> let's talk consequences of the fiscal cliff. companies of announces dividends in recent days trying to avoid the tax hikes set to kick in at the end of the year. who is really making money on this? >> a lot of people especially ceos more than 110 companies have announced special dividends in the fourth quarter alone that's more than three times last year's fourth quarter. the reason? the fiscal cliff. if we go off the cliff tax rates on dividends could go from 15% to more than 43%. companies are racing to beat the tax hikes by paying dividends before december 31st and some of the biggest beneficiaries, both insiders and ceos. mickey arison is getting $89 million from carnival giving him a potential tax savings. and larry elison is getting savings around $56 million. thomas frist at hca is getting around $350 million, saving
, and south america, which we really don't have now. really makes us a global powerhouse. >> you know, is the underwear business and the jeans business a bigger business than the suit business for example? >> yes. the underwear business worldwide is over a billion dollars in sales and jeans business is close to $2 billion. so those are the two largest categories followed by fragrance which is about a billion and a half dollars. >> when you did the tommy deal you knocked the cover off the ball. you put some numbers out. you delevered the company quickly. now you're back doing the warnerco deal. is this going to be as transformational? >> i think in some ways it's going to be more transformational. it really opens up two key markets for us to operate directly. today we are operating on joint ventures and licensing arrangements. so in asia, china specifically, ind india, and in latin america with brazil, you know, really opening up the developing economies, where warnaco, in those two areas approaching 20%. >> phillips-van heusen, to be able to transform it from what we think of when we
? i will talk about the bricks in a minute. i am talking about south america, eastern europe, parts of asia. why do i love this story? it is basic macroeconomics. the key ingredients that drive growth. we know the story of debt, deficit, fiscal cliff. we know that the story of the aging population and financing, if you look at the statistics are round or they measure the performance in mathematics, science, and reading, you can see where the problem is. today, they were in the number 27, 28, and so on. productivity generally is the x factor that accommodates for 60% of why one country grows and another does not. generally, it includes things like political dynamic, so we know what is happening there. that is not my prediction. look at this framework, capital, labor, productivity. you will see why i am incredibly bullish. in terms of capital, these economies by a large did not have the debt burden that other countries are facing right now. why is that important? these countries are not suffering from a deal leveraging problem. 60%-70% is under the age of 25. in you got there, over 50
complaints about south korea and america's naval exercises, or the sailor that was detained by japan and taken into custody for a while. do you think that this is essentially china's wise to test the solvency and strength and direction of u.s. japan relations? if you do think it is that, the more provocative question again coming to your own nation strategy because japan is origination but it's an aging nation, it's a shrinking nation. when you look at and one wonders wonders what is japan's strategy in the region with allies and how to keep are so vital and robust when china may be saying when you look at long lines, japan will become less significant over time. we will become more significant over time. if i can add one last element. when president obama's national strategy to -- strategic policy was released, there's one thing we read who said america is undergoing a period of strategic contraction. he may be wrong. i loved her the counter position to that, but they're all of these assessments that this is the time for china to push these boundaries out. and so, what do you take i
border, gaza the south and egypt and sinai are fighting israel and shelling israel. if we come back to israel's aid it is very bad for israel and america at the same time. melissa: a lot of people said when the arab spring was coming to fruition, this was a wonderful day and new day for democracy in the middle east. there were a few voices at that time said hang on, the guys coming in to replace them are even mored are call than what we saw. this is actually moving in the opposite direction than you think. how did that happen? why did hat happpn because it is continuing? >> because americ and president obama's administration ignored the warning signs and what the muslim brotherhood and what radicals are about. when president obama first becameme president and he went to egypt and gave his first address, his first speech in cairo, in ept, he made it a point to invite the muslim brotherhood to the chagrin of the mubarak regime. he insisted that the muslim brotherhood would be sitting in two front seats addressing his speech. that gave them a importance in power gaining respect of ame
than any other in america. that is in thanks in part to the next, what used to be considered trash and poultry producers in that south, chicken feed. joining us, the man who runs the port of savannah, executive director of the georgian port authority. thank you, so much, for being here. we will get to it in a moment, but congratulations on being the fastest growing container port. how faster you growing and how are you doing? >> well, it is great to be here with you today. thank you. for the last decade our container facilities imports have grown at a compound in annual growth rate of ten and a half%. that is about double the next fastest growing part in the nation that has allowed us to become the fourth busiest container port in the country. ashley: i also understand their is a dredging project under way or about to get under way which will actually make the river there 5 feet deeper. what kind of impact will that have on the port's business? >> well, it is a critically important project for us. the river itself is the federal channel. the current studies have approved the deepen
efforts. but then out of no, where senator inouye south recognition. he knew that it was trying to get for millions of these young people living in america, a chance to serve their nation and prove their love and become legal in america, become citizens in america. and he took the floor, and i want to read what he said because it touched me. he said: madam president, i wish to step back in history if i may. on december 7, 1941, something terrible happened in hawaiile three weeks later the government hoff the united states declared that all japanese americans, citizens born in the united states or of japanese ancestry were to be considered enemy aliens, at a result, like these undocumented people, they could not put on the uniform of this lan. senator inouye went on to say, i was 17 at the time and naturally i resented this because i loved my country and wanted to put on the uniform to show where my heart stood. but we were denied. so we petitioned the government. the a year later they said, okay. i if you wish to volunteer, go ahead. senator inouye said, well to make a long story shor
Search Results 0 to 11 of about 12